Lam Research (NASDAQ:LRCX) reported quarterly earnings results on October 21, 2026 that exceeded analyst expectations.
At publication ·
Lam Research (NASDAQ:LRCX) · earnings beat
At a glance
Lam Research (NASDAQ:LRCX) reported quarterly earnings results on October 21, 2026 that exceeded analyst expectations.
The Technology company reported earnings per share of $2.20, beating the consensus estimate of $2.18 by $0.02 per share. Revenue came in at $8.2B, beating the estimate of $8.1B.
Lam Research's stock moved following the earnings release. The stock currently trades at $260.81 with a market capitalization of $211.9B.
Lam Research's earnings outperformance reflects execution that exceeded Wall Street's expectations. Earnings beats can lead to upward estimate revisions from analysts, which often correlate with sustained stock price appreciation over the following weeks as models are updated.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking Lam Research should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.
| Quarter | EPS Actual | EPS Est. | Surprise |
|---|---|---|---|
| Q1 (Oct 2026) | $2.20 | $2.18 | +0.9% |
| Q4 (Jul 2026) | $1.82 | $1.68 | +8.3% |
| Q3 (Apr 2026) | $1.47 | $1.36 | +8.1% |
| Q2 (Jan 2026) | $1.27 | $1.17 | +8.5% |
Related Tools: Earnings Calendar | View LRCX Stock Page
Check the latest earnings dates on our LRCX earnings page or the Earnings Calendar.
See the full Q1 results including EPS actual vs estimate on our LRCX earnings page.
Current market data
NASDAQ · LRCX
$260.81
Down: -$2.64 · -1.00%
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